Is Gold A Better Store Of Value Than Bitcoin?
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In this video, I discuss why Bitcoin is a better store of value than physical gold.
Not only is Bitcoin easier to store, transport, and assay-- but Bitcoin is also much more scarce than gold. Bitcoin's maximum supply is fixed forever, whereas gold inventories keep doubling every 47 years.
Unlike other commodities, Bitcoin's supply is perfectly inelastic. Bitcoin does not respond to high prices by bringing on more supply, unlike every other commodity.
Once the market finally figures this out, we will see a large increase in the purchasing power of Bitcoin.
Not investment advice! Consult a financial advisor.
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I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.
My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#bitcoin
#gold
#hyperinflation
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